Africa-focused minerals exploration firm Atlantic Lithium has announced it reported a major mineral resource estimate upgrade at its Ewoyaa deposit in Ghana. The estimate was upgraded to some 21.3 million tonnes at 1.31% Li2O, the company said in a statement.
Regional exploration and target definition is ongoing with four Auger rigs on site, and resource drilling scheduled to re-commence in early 2022, according to the Australian business.
Commenting on the latest development, Vincent Mascolo, the CEO of Atlantic Lithium, said that his company is “pleased to have in-creased Ghana’s first lithium resource by nearly 50% to 21.3Mt at 1.31% Li2O and will continue to further enhance this compelling pro-ject with ongoing drilling programs.”
“With some 28,000m of infill and extensional drilling not included in the current resource estimate and with mineralisation open at depth and along strike we are confident of further resource upgrades,” the chief executive said.